SCHARBAUER C

Oil · District 08 · Lease #57672

Operator: RING ENERGY, INC.

Cum Oil

381k BBL

Cum Gas

865k MCF

casinghead

Wells

8

Production

2022-07 — 2026-04

Peak Month

2024-09

Production History

Cum Oil: 380,726 BBL Cum Gas: 864,907 MCF

RRC production reported through Apr 2026 · recent months incomplete

Decline Curve Analysis

qi

16,729 BBL/mo

Di (annual)

83.4%

b-factor

1.9

EUR

1,866,987 BBL

R-squared

0.708

type

hyperbolic

Operator History (from monthly production reports)

2023-08 — 2026-07 RING ENERGY, INC. 36 mo
2022-07 — 2023-07 FOUNDERS OIL & GAS OPERATING,LLC 13 mo

Wells (8)

WELL#APIOPERATORPERMITSDEPTHLAST_ISSUED
302RING ENERGY, INC.18,5002024-01-25
103RING ENERGY, INC.28,5002023-12-19
205RING ENERGY, INC.28,5002023-12-19
208RING ENERGY, INC.28,5002023-12-08
301RING ENERGY, INC.18,5002023-11-09
204RING ENERGY, INC.28,5002022-09-22
206RING ENERGY, INC.18,5002022-09-22
201RING ENERGY, INC.28,5002021-12-28